TAMAN CHENG JAYA FASA 2

TAMAN CHENG JAYA FASA 2 in Melaka Tengah, Melaka recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 230K and a median price per square foot (PSF) of RM 191.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 230K, with most transactions falling within a stable range of RM 205K to RM 255K, and a typical market range of RM 203K to RM 257K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 191, with most transactions between RM 172 and RM 209. The usual range is RM 165.38 to RM 215.63, showing that most units are priced quite close to each other. With an IQR of RM 50.25 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.